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Audcadbuy

AUDCAD - FOREX - 16. DECE. 2019Welcome to our weekly trade setup ( AUDCAD )! - 1 HOUR Bearish price action towards our support zones. 4 HOUR Strongly waving market structure with several pullbacks. DAILY Prices at range low, good long entries! - FOREX SETUP BUY AUDCAD 1ST ENTRY @ 0.90550 2ND ENTRY @ 0.90330 SL @ 0.89940 TP @ 0.91220 RR: 1.1 / 2.35 Use 0.5% risk per Entry! (Remember to add a few pips to all levels - different Brokers!) Leave us a comment or like to keep our content for free and alive. Have a great week everyone! ALAN
Long
by DACapitalTrading
1
Confluence Set Up AUDCAD for Potential RallyAUDCAD reversed from a daily ascending trendline that lined up with 61.8 Fibonacci retracement of the advance from 0.8903 and broken out of daily descending trendline. Price also broke the daily counter trend line structure and it's currently retesting it inline with key support, and descending trendline. Price has the potential to move higher from or near the current level and rally towards the resistance with 1.236 and 1.618 extensions as indicated on the chart. This setup remains valid as long as the Invalidation Level at 0.8966 remains intact. What're your thoughts about AUDCAD? Let's discuss this in the comment. Good Luck! Veejahbee
Long
by Veejahbee